Blog Posts Tagged with "Banking"
Banking 2.0 and The Future of Bank Branches
January 29, 2013 Added by:Ben Kepes
Banks have a unique opportunity here – they have existing bricks and mortar, they have a deep insight into customer behaviour and they have the resource to really drive an expensive change in their industry – all they need now is the vision, the appetite for self-disruption and a focus on innovation. Exciting times...
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Happy Satoshi Nakamoto -Bitcoin- Day
November 01, 2012 Added by:gaToMaLo r. amores
One of my heroes SATOSHI NAKAMOTO only 4 years ago posted the research paper describing a new digital currency called BITCOIN. He cracked the problem that had stumped cryptographers for decades a DIGITAL CURRENCY convenient and untraceable with no over site from any government or bank...
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Online Banking: A Trust Opportunity to (Re)gain?
October 09, 2012 Added by:Mikko Jakonen
How come banks are telling people to maintain their security better, without putting their OWN reputation and capabilities in line with the DIRECT consequences of the change paradigm towards ‘webalized’ approach we have witnessed for years, has now resulted as poor operational security...
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Expect New Wave of Cyber Attacks Against Banking
September 26, 2012 Added by:Pierluigi Paganini
A possible Iranian cyber offensive against US banks has been discussed recently, and immediately denied by government of Teheran. Financial institutions are targets for a cyber attacks, as the banking system is a critical asset for a nation and its paralysis could damage economic activities...
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How to Handle a Credit Card Breach While Abroad
September 13, 2012 Added by:Robert Siciliano
A 60-day window covers two billing cycles, enough for most account-conscious consumers who keep an eye on their spending. Victims of fraudulent credit card charges only wind up paying the unauthorized charges if they fail to report the credit card fraud within 60 days...
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Internally Funding Your Compliance Program
September 11, 2012 Added by:Thomas Fox
Big banks are not doing too well these days in the compliance arena. From money-laundering operations for drug cartels to trading losses, big banks seem to be more in the news these days for compliance failures rather than successes...
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One-Third of Banking Account Takeover Attempts Successful
August 20, 2012 Added by:Robert Siciliano
While less money was ultimately siphoned from banks and customers than in past years, there are new attack strategies on the horizon, which may push these numbers up in 2012. Threats, defenses, and vulnerabilities continually emerge, so stay tuned as we track the shifts in our evolving security landscape...
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FBI: More Arrests in International Cyber Crime Takedown
July 13, 2012 Added by:Headlines
"The FBI announced three more arrests arising from Operation Card Shop, an international operation aimed at sophisticated, highly organized cyber criminals involved in buying and selling stolen identities, exploited credit cards, counterfeit documents, and sophisticated hacking tools..."
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Wanna Buy Some Dumps?
July 07, 2012 Added by:Robert Siciliano
“Dumps” are batches of stolen credit card numbers. This example of a criminal’s sales pitch for stolen dumps came to me through a comment on a blog post I wrote about credit card security. Go figure. If you scan the following message line by line, you’ll see there’s a great deal of thought put into the pitch...
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ENISA: High Roller Online Bank Robberies Reveal Security Gaps
July 05, 2012 Added by:Headlines
The old adage that “criminals go where the money is” means that bank robbers go online, Executive Director of ENISA, Professor Udo Helmbrecht states. It should come as no surprise that large organized crime groups are targeting online banking sites. Still, the attacks drew much attention for three reasons...
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System D: Bitcoin’s Underground Economy
June 27, 2012 Added by:gaToMaLo r. amores
What is System D? It is a term that refers to a manner of responding to challenges that requires one to have the ability to think fast, to adapt, and to improvise when getting a job done. This can be applied to hackers and of course the Tor-Onion network. They are all System D and growing because of it...
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Twenty-Four Arrests in Eight Countries in Cyber Crime Takedown
June 27, 2012 Added by:Headlines
“As the cyber threat grows more international, the response must be increasingly global and forceful. The coordinated law enforcement actions taken by an unprecedented number of countries around the world demonstrate that hackers and fraudsters cannot count on being able to prowl the Internet..."
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Russian Authorities Take Out World’s Largest Banking Botnet
June 26, 2012 Added by:Headlines
"The criminal activities were committed by a 22-year-old young man who is widely known in the hacker community under the nicknames of 'Germes' and 'Arashi'. The young man was not only developing bot-networks and massively distributing malicious programs but also personally took part in stealing funds"...
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Cyber Black Market: The Underground Economy
June 18, 2012 Added by:gaToMaLo r. amores
On April 24 the FBI released a report on Bitcoin. At that time Bitcoins were going for $4.25. As of June 17 they were trading at $6.26. Traders will be taking a look at Bitcoin, and once they get a whiff of the virtual money, they will strike... and it looks like the commercial criminals are already doing it...
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POS Skimming: Bad News for Banks and Merchants
June 12, 2012 Added by:Robert Siciliano
EFTPOS skimming — which stands for “electronic funds transfers at the point of sale” — involves either replacing the self-swipe point of sale terminals at cash registers with devices that record credit and debit card data, or remotely hacking a retailer’s POS server...
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Insider Threat: Former PNC Manager Pleads Guilty to Bank Theft
May 25, 2012 Added by:Headlines
Laird stole the funds through a number of means: opening credit accounts in her father’s name without authorization; making redemptions from CD accounts of five customers; opening checking accounts in other names and wroting checks to pay her personal bills and expenses...
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- Improving Security by Failing Faster
- BYOD: Should It Be the Wave of the Future?
- Trend Micro Discovers "SafeNet" - a New Targeted Espionage Operation Online
- Managing My Company’s Security is a Nightmare
- Bridging the Cybersecurity Divide, Why Security Innovation Must Lead the Way
- The Evolution of Industrial Control System Information Sharing
- ATM Security (And Really Learning from the Past)
- Complimentary IT Security Resources [May 13, 2013]
- Steps Toward Weaponizing the Android Platform
- Mobile Security Processes Could Be Applied to Medical Devices: Bluebox